Director granted 2,780 RSUs at Horace Mann (NYSE: HMN)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BRADLEY THOMAS A reported acquisition or exercise transactions in this Form 4 filing.
Horace Mann Educators Corp. director Thomas A. Bradley received a grant of 2,780 shares of Common Stock in the form of restricted stock units, valued at $46.77 per share. These units will vest in full on May 20, 2027 and were granted as compensation for services.
Following this award, Bradley directly holds 26,812 shares of Horace Mann common stock, indicating this is a routine, compensation-related equity grant rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BRADLEY THOMAS A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,780 | $46.77 | $130K |
Holdings After Transaction:
Common Stock — 26,812 shares (Direct, null)
Footnotes (1)
- The acquisition of Common Stock reported hereby is in the form of restricted stock units which will vest in full on May 20, 2027. Granted as compensation for services. Represents 26,812 shares of Common Stock held directly.
Key Figures
RSUs granted: 2,780 shares
Grant reference price: $46.77 per share
Shares held after grant: 26,812 shares
+1 more
4 metrics
RSUs granted
2,780 shares
Restricted stock unit grant on May 20, 2026
Grant reference price
$46.77 per share
Reported transaction price per share for the award
Shares held after grant
26,812 shares
Total Common Stock held directly following transaction
Vesting date
May 20, 2027
Date when the restricted stock units vest in full
Key Terms
restricted stock units, Grant, award, or other acquisition, Common Stock
3 terms
restricted stock units financial
"The acquisition of Common Stock reported hereby is in the form of restricted stock units which will vest in full on May 20, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"The acquisition of Common Stock reported hereby is in the form of restricted stock units which will vest in full on May 20, 2027."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did Horace Mann (HMN) director Thomas A. Bradley report on this Form 4?
Thomas A. Bradley reported receiving 2,780 shares of Horace Mann Common Stock as restricted stock units. The award is compensation for his director services and is not an open-market purchase, but an equity grant from the company.
When do Thomas A. Bradley’s new Horace Mann (HMN) restricted stock units vest?
The restricted stock units granted to Bradley will vest in full on May 20, 2027. Vesting means the units convert into shares he fully owns, assuming he meets the continued service conditions through that date.
Was Thomas A. Bradley’s Horace Mann (HMN) transaction a market purchase or sale?
The transaction was not a market purchase or sale. It was a grant of restricted stock units classified as a compensation-related acquisition, rather than shares bought or sold on the open market.